Cherry Paints And Polymers Pvt Ltd

Manufacturer of paints, polymers, and resins for various industries.

1995 | Indore, Madhya Pradesh (India) | Active
Last Updated: June 17, 2024

Cherry Paints And Polymers Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 6.09 M
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.15 Cr
  • Satisfied Charges ₹ 3.43 Cr
  • Revenue Growth 41.13%
  • Profit Growth 154.37%
  • Ebitda 17.59%
  • Net Worth 22.50%
  • Total Assets 8.85%

About Cherry Paints And Polymers

Cherry Paints And Polymers Pvt Ltd (CPAPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 1995 and has a history of 29 years and 11 months. Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 6.09 M.

The company currently has active open charges totaling ₹7.15 Cr. The company has closed loans amounting to ₹3.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Wagle, Urwashi Wagle, and Nihal Wagle serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cherrypaints.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24114MP1995PTC009109

  • Company No.

    009109

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

Who are the key members and board of directors at Cherry Paints And Polymers?

Executive Team (1)

NameDesignationAppointment DateStatus
Nikhil Wagle Country flag representing In Managing Director23-Jul-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Nihal Wagle Country flag representing In Director 16-May-2015Current
Urwashi Wagle Country flag representing In Director 01-Mar-1995Current

Financial Performance of Cherry Paints And Polymers.

Cherry Paints And Polymers Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 41.13% increase. The company also saw a substantial improvement in profitability, with a 154.37% increase in profit. The company's net worth Soared by an impressive increase of 22.5%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
41.13%
Revenue from Operations
41.14%
Total Assets
8.85%
Profit or Loss
154.37%
Net Worth
22.50%
EBITDA
17.59%

What is the Ownership and Shareholding Structure of Cherry Paints And Polymers?

In 2023, Cherry Paints And Polymers had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.15 Cr

Satisfied Charges

₹3.43 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.15 Cr

Latest Charge Details

DateLenderAmountStatus
15 Jul 2023Hdfc Bank Limited₹1.75 MOpen
28 Jun 2023Hdfc Bank Limited₹1.51 MOpen
02 May 2023Hdfc Bank Limited₹0.95 MOpen
19 Mar 2021Hdfc Bank Limited₹2.13 MOpen
10 Jun 2015Hdfc Bank Limited₹6.52 CrOpen

How Many Employees Work at Cherry Paints And Polymers?

Unlock and access historical data on people associated with Cherry Paints And Polymers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cherry Paints And Polymers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cherry Paints And Polymers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Cherry Paints And Polymers

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 6.52 Cr registered on 10 Jun 2015 with Charge ID 10575271 was modified on 28 Feb 2024.

    28 Feb 2024

  • Annual General Meeting

    Cherry Paints And Polymers Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100764190 was registered on 15 Jul 2023.

    15 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100741240 was registered on 28 Jun 2023.

    28 Jun 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100716373 was registered on 02 May 2023.

    02 May 2023

  • Balance Sheet

    Cherry Paints And Polymers Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

    31 Mar 2023

Frequently asked questions

  • Cherry Paints And Polymers Pvt Ltd was incorporated on 01 Mar 1995.

  • The authorized share capital of Cherry Paints And Polymers Pvt Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 6.09 M.

  • Currently 3 directors are associated with Cherry Paints And Polymers Pvt Ltd.

    • Nikhil Wagle
    • Urwashi Wagle
    • Nihal Uday Wagle
  • As per Ministry of Corporate Affairs (Mca), the registered address of Cherry Paints And Polymers Pvt Ltd is Plot No.23-ASector-Fsanwar Road Industrial Area, Indore, Madhya Pradesh, India, 452003.

  • The corporate identification number (CIN) of Cherry Paints And Polymers Pvt Ltd is U24114MP1995PTC009109 and the company number is 009109 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Cherry Paints And Polymers Pvt Ltd is https://www.cherrypaints.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Cherry Paints And Polymers Pvt Ltd has risen by 41.13%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Cherry Paints And Polymers Pvt Ltd has experienced an upsurge of 22.50%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Cherry Paints And Polymers Pvt Ltd amount to ₹ 7.15 Cr.

  • The most recent Balance Sheet for Cherry Paints And Polymers Pvt Ltd was filed with the ROC on 31 Mar 2023.

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